Ilidža Municipality supported 19 young businesses with 70,000 KM

SARAJEVO, (Patria) - Ilidža Municipality has recently implemented a Public Call for co-financing the best business plans with funds from the Ilidža Municipality Budget intended for the development of entrepreneurial initiatives and youth employment, with the aim of helping those who are starting their first job, but also as one of the measures to mitigate the negative economic consequences caused by the coronavirus.

According to the Public Call, 19 applicants met the conditions, and today contracts were ceremonially signed with the recipients of the funds.

The Mayor of the Municipality, Nermin Muzur, congratulated the recipients and expressed hope that they will improve their work and expand their business in the coming period.

"I am truly proud that you have decided to start your own business at this time. We will continue to be available as support, creating the best possible environment for your business, and we wish you much luck and success," said Mayor Muzur.

This year, with the aim of supporting young people's business ideas, self-employment opportunities, and contributing to the development of their local community, Ilidža Municipality allocated 70,000 KM for co-financing the costs of starting a business by financing the costs of business registration, working capital, business premises rent, operating funds, and other costs.